BEIJING: Prices in China’s sizzling property market, a major driver of growth in the world’s second largest economy, accelerated in March on a monthly basis, shaking off the impact of recent cooling measures introduced to…
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China's March home prices defy curbs, further tightening expected
China plans two million new units of public housing for 2017: Xinhua
China’s property sales surged in the first two months of the year despite government measures to cool the market, though growth in real estate investment showed signs of easing, according to official data in March.…
China has yet to stop its runaway property bubble
BEIJING — Wu Jianying, a company employee in Beijing, visited her father’s hometown in Hebei Province, in mid-March. In Wen’an County, a one-and-a-half-hour drive south from the capital, she heard a strange rumor: The government…
China urges Canada to relax curbs on high-tech exports: Xinhua
Trudeau wants to boost trade with China as a way of lessening dependence on exports … Trudeau’s Liberals allowed Hong Kong-based O-Net Technologies Group Ltd to buy a Canadian technology company, reversing a 2015 decision…
China's ZTE appoints U.S. head Cheng as new mobile business chief
HONG KONG (Reuters) – China’s ZTE Corp has picked the head of its U.S. business to lead its mobile phone business globally, the latest management appointment after it settled a U.S. government probe and agreed…
Exclusive: China gathers state-led consortium for Aramco IPO – sources
HONG KONG/RIYADH/DUBAI (Reuters) – China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, that will act as a cornerstone investor in the initial public offering of Saudi Aramco,…
China bank overseer launches ‘regulatory windstorm’
China’s new chief banking regulator has started with a bang, issuing a flurry of new policy directives during his first month aimed at the industry’s knottiest problems, in line with the government’s focus this year…
China's $8.5 Trillion Shadow Bank Industry Is Back in Full Swing
China’s shadow banking is back in full swing, an unintended side effect of the government’s campaign against financial leverage, which has curbed traditional lending and squeezed bond financing. Data from the central bank Friday showed…
China Minsheng Banking : Bank Says a Company Executive Is Under Investigation by Police
BEIJING–China Minsheng Banking Corp. said Wednesday one of its executives is under a police investigation on suspicion of “illegal conduct.” Minsheng has set up a team to work with police in their investigation of Zhang…
China, EU keen to push message of free trade, engagement
Beijing and Brussels were set Wednesday to hold their first high-level talks since President Donald Trump took office, with both sides eager to push a message of free trade and open engagement in contrast to…
China’s March outbound direct investment slumps 30.1pc to US$7.11b
China’s non-financial outbound direct investment (ODI) slumped 30.1 per cent in March from a year earlier as authorities kept a tight grip on capital outflows to help support the yuan and safeguard the country’s foreign…
Trump talk tempers exporters' optimism at top China trade fair
GUANGZHOU, China (Reuters) – Higher costs and rising wages are among the top headaches for exporters at China’s largest trade fair, but days after the first U.S.-China summit under the new president one topic of…
Ivanka Trump’s brand is prospering — increasing her chances of conflict-of-interest violations
As the first daughter crafts a political career from her West Wing office, her brand is flourishing, despite boycotts and several stores limiting her merchandise. U.S. imports, almost all of them from China, shot up…
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